Are you thinking of starting an Airbnb business in Canada? Operating an Airbnb provides property owners with a wide array of benefits, but to maximize your results, it is essential that you are offering guests the very best homes in the most popular locations. When it comes to the Airbnb market in Canada, Canmore is one of the most attractive prospects for Airbnb owners.
What makes Canmore so popular?
Canmore is one of the best locations in Canada for Airbnb hosts, thanks to its popularity for tourists. The beautiful scenery of the Rocky Mountains and its close location to Calgary means it has high demand throughout the year.
Although many visitors will be aware of the nearby town of Banff, which is the second most visited place in Canada, Canmore is a better option for Airbnb hosts. Unlike Banff, where vacation rentals are illegal, the Canmore government does allow property owners to rent their homes. We have previously taken a closer look at the zoning regulations for renting a property in Canmore, which you can check out here.
The burgeoning Canmore Airbnb market is incredibly attractive, with the average daily rate for properties at $245. As more people discover the benefits of Canmore, the number of properties on the market is steadily rising, increasing from 902 in 2018 to 1,531 currently.
Looking to start a Canmore Airbnb rental?
Are you thinking of starting an Airbnb in Canmore? Here at Canmore Co-Host, we know how complex it can seem. That is why we offer our customers complete Airbnb management, taking the stress and hassle away from you and helping you to maximize your profits.
Want to find out how we can help you? Get in touch today!